During a shortened Fourth of July workweek, U.S. startup funding announcements were relatively subdued, except for a significant $10 billion raise by Elon Musk’s generative AI startup, xAI. The funding comprised $5 billion in strategic equity and the rest in loans and secured notes. Other notable rounds included Savvy Wealth’s $72 million Series B for AI tools in wealth management, Levelpath’s $55 million for AI-driven procurement solutions, and Terrana Biosciences’ $50 million for RNA-based agricultural products. Campfire and Field Medical each raised $35 million, focusing on enterprise software and medtech, respectively. Syntis Bio secured $33 million for developing oral therapies, while Ambrook, Emerald AI, and Gallant Therapeutics raised $26 million, $24.5 million, and $18 million in agriculture software, energy software, and animal health, respectively. Despite the holiday, significant funding rounds were also observed internationally.
What are the top 10 biggest funding rounds of the week, led by AI?
